BofA Securities Increased Its Price Target on HEICO Corporation (HEI) to $400

HEICO Corporation (NYSE:HEI) is one of the 10 Best Defense Contractor Stocks to Buy Now.

BofA Securities Increased Its Price Target on HEICO Corporation (HEI) to $400

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On September 5, 2025, BofA Securities increased its price target on HEICO Corporation (NYSE:HEI) from $355 to $400, maintaining a ‘Buy’ rating. The investment bank cited the company’s nimble, decentralized operations and focus on lower pricing that continue to drive market share gains.

Furthermore, in its latest quarter, HEICO Corporation (NYSE:HEI) reported a 30% year-over-year increase in its net income, which hit $177.3 million. Meanwhile, net sales grew 16% and operating income climbed 22% to $265 million. For the first nine months of fiscal 2025, the company’s net income rose 34%, sales climbed 15%, and operating income increased by 22%. BofA believes the company is well-positioned to sustain its double-digit growth, thanks to its pricing strategy and tactical supply-chain management, despite industry pressures.

HEICO Corporation (NYSE:HEI) offers aerospace, defense, and electronic products and services globally. It is one of the Best Defense Contractor Stocks.

While we acknowledge the potential of HEI to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HEI and that has 100x upside potential, check out our report about this cheapest AI stock.

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